Spain King Juan Carlos To Abdicate After 40 Years On The Throne In Favor Of Son

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MADRID (AP) — Spain’s King Juan Carlos plans to abdicate and pave the way for his son, Crown Prince Felipe, to take over, Spanish Prime Minister Mariano Rajoy told the country Monday in an announcement broadcast nationwide. He did not say when Juan Carlos would abdicate because the government must now craft a law creating a legal mechanism for the abdication and for 46-year-old Felipe’s assumption of power. The 76-year-old Juan Carlos oversaw his country’s transition from dictatorship to democracy but has had repeated health problems in recent years. His popularity also dipped following royal scandals, including an elephant-shooting trip he took in the middle of Spain’s financial crisis…

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Caribbean International Holdings (CIHN) Retires 70 Million Shares Which ... - MarketWatch


Caribbean International Holdings (CIHN) Retires 70 Million Shares Which ...
MarketWatch
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